Hony Capital

The European private equity firm Cinven is the seller. Hony Capital had already acquired PizzaExpress from Cinven in July 2014 for approximately GBP 900 million. In the UK, Zizzi and ASK operate 136 and 109 restaurants respectively. (Hony Capital, with Liu Chuanzhi as Chairman and John Zhao as CEO, is founded in 2003 and has $7 billion asset under management).